Modere Europe
0893.292.596 · rovalta.com · 25/09/2026
OPENING OF BANKRUPTCY
Modere Europe
Company — Opening of bankruptcy.
Financial year 2023 · Closed on 31/12/2023
Net result367,2 k €+125,4 %over 1 year
Revenue21,2 M €+5,7 %over 1 year
Equity3,3 M €+12,4 %over 1 year
Workforce12,4 ETP-8,1 %over 1 year
Overview
Identity
Source · BCE/KBOModere Europe is a Private limited company incorporated in 2007. Its registered office is in Machelen (Brab.). It employs on average 12,4 ETP workers (FTE).
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0893.292.596
- Incorporation
- 07/11/2007
- Legal form
- Private limited company
- Registered office
- Telecomlaan 9
1831 Machelen (Brab.) · FlandreSee on map - Contributed capital
- 25 000,00 €
- Latest accounts
- 31/12/2023
- Average workforce
- 12,4 ETP
Joint committees (2)
- 200
- 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue
Financials
Source · NBB, 16 filingsTrend over 14 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 21,2 M € | +5.7% | 20,1 M € | -7.8% | 21,7 M € | -20.6% | 27,4 M € | -36.5% | 43,1 M € |
| EBITDA | 1,7 M € | +75.0% | 954,4 k € | +9.9% | 868,4 k € | +13.5% | 765 k € | -40.7% | 1,3 M € |
| Operating result | 1,1 M € | +22.0% | 869,8 k € | +17.7% | 739 k € | -27.7% | 1 M € | +6.8% | 957,2 k € |
| Net result | 367,2 k € | +125% | 162,9 k € | -42.5% | 283,5 k € | +67.4% | 169,4 k € | -70.7% | 578,8 k € |
| Balance sheet | |||||||||
| Equity | 3,3 M € | +12.4% | 3 M € | +5.8% | 2,8 M € | +11.2% | 2,5 M € | +7.2% | 2,4 M € |
| Total assets | 15,7 M € | -3.6% | 16,2 M € | -67.4% | 49,8 M € | +10.9% | 44,9 M € | +20.6% | 37,2 M € |
| Cash | 1,3 M € | -6.7% | 1,4 M € | -17.3% | 1,7 M € | -30.4% | 2,5 M € | -24.0% | 3,2 M € |
| Debts | 12,2 M € | -8.1% | 13,3 M € | -71.7% | 47 M € | +10.9% | 42,3 M € | +21.5% | 34,9 M € |
| Other | |||||||||
| Workforce | 12,4 ETP | -8.1% | 13,5 ETP | +8.0% | 12,5 ETP | -7.4% | 13,5 ETP | -4.3% | 14,1 ETP |
Board of directors
Source · NBB, accounts to 31/12/20232 active · 22 ended
Active mandates
Glen Lewis Tuttle
ActiveJonas Hedberg
ActiveEnded mandates
Michelle N Wilson
EndedMichelle N WILSON
EndedMichelle N. Wilson
EndedShane L Ware
EndedOther companies at this address
Telecomlaan 9 1831 Machelen (Brab.)| Company | CBE no. |
|---|---|
BT Global Services Belgium● Active | 0719.724.459 |
| 0864.240.405 | |
LEASEPLAN FLEET MANAGEMENT● Active | 0424.632.148 |
| 0453.566.951 | |
UNISYS BELGIUM● Active | 0405.914.514 |
UNISYS CONSULTING● Active | 0465.878.231 |
Financials
Full financial information
Source · NBB| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 10/07/2024 | 11/07/2023 | 19/07/2022 | 30/07/2021 | 03/08/2020 | 23/07/2019 |
| General meeting | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 15/07/2020 | 25/06/2019 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2023 | 30/06/2024 | 10/07/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 11/07/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 19/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 30/07/2021 | Dutch | |
| Full model | 31/12/2019 | 15/07/2020 | 03/08/2020 | Dutch | |
| Full model | 31/12/2018 | 25/06/2019 | 23/07/2019 | Dutch | |
| Full model | 31/12/2017 | 04/06/2018 | 24/07/2018 | Dutch | |
| Full model | 31/12/2016 | 26/05/2017 | 25/07/2017 | Dutch | |
| Full model | 31/12/2015 | 22/08/2016 | 30/08/2016 | Dutch | |
| Full model | 31/12/2014 | 30/04/2015 | 19/05/2015 | Dutch | |
| Full model | 31/12/2013 | 30/04/2014 | 03/12/2014 | Dutch | |
| Full model | 31/08/2012 | 31/01/2013 | 08/03/2013 | Dutch | |
| Full model | 31/08/2011 | 31/01/2012 | 06/04/2012 | Dutch | |
| Full model | 31/08/2010 | 31/01/2011 | 02/03/2011 | Dutch | |
| Full model | 31/08/2009 | 01/02/2010 | 30/03/2010 | Dutch | |
| Full model | 31/08/2008 | 15/05/2009 | 15/10/2009 | Dutch |
Valuation
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20232 active · 22 ended
Active mandates
Glen Lewis Tuttle
ActiveJonas Hedberg
ActiveEnded mandates
Michelle N Wilson
EndedMichelle N WILSON
EndedMichelle N. Wilson
EndedShane L Ware
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates25/06/2025ONTSLAGEN - BENOEMINGEN
- Mandates11/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates28/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates07/07/2021ONTSLAGEN - BENOEMINGEN
- Mandates04/11/2020ONTSLAGEN - BENOEMINGEN
- Mandates30/10/2020WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates04/08/2020ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023367,2 k €↑
- 2022Annual accounts 2022162,9 k €↓
- 2021Annual accounts 2021283,5 k €↑
- 2020Annual accounts 2020169,4 k €↓
- 2019Annual accounts 2019578,8 k €↓
- 2018Annual accounts 2018827,4 k €↑
- 2017Annual accounts 2017-100,9 k €↓
- 2016Annual accounts 2016-9 k €↓
- 2015Annual accounts 201518,5 k €↓
- 2015Name changeModere Europe
- 2014Annual accounts 201450,1 k €↓
- 2012Annual accounts 201260 k €↓
- 2011Annual accounts 2011116,7 k €↓
- 2010Annual accounts 2010122,3 k €↓
- 2009Annual accounts 2009268,5 k €
- 2009Name changeNEWAYS EUROPE
- 07/11/2007IncorporationPrivate limited company